LEVAC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LEVAC
Largest movements
- Tangible fixed assets -€55,470
down €55,470 (-3.2%), from €1.7m to €1.7m
of which Land and buildings: -€55,025
- Cash -€34,031
down €34,031 (-58.3%), from €58,364 to €24,332
mainly Other debts (-€49,057) and Debts after one year (-€23,060)
- Receivables within one year +€20,150
new in 2024: €20,150
- Other debts -€49,057
down €49,057 (-20.2%), from €242,367 to €193,310
- Debts after one year -€23,060
down €23,060 (-14.1%), from €163,060 to €140,000
of which Financial debts: -€23,060
- Gross operating margin +€2,503
up €2,503 (+3.1%), from €79,924 to €82,427
- Financial charges +€1,959
up €1,959 (+17.6%), from €11,140 to €13,099
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,803,036 | €1,733,685 | -€69,351 | -3.8% |
| Fixed assets | 21/28 | €1,744,673 | €1,689,203 | -€55,470 | -3.2% |
| Tangible fixed assets | 22/27 | €1,744,673 | €1,689,203 | -€55,470 | -3.2% |
| Land and buildings | 22 | €1,740,837 | €1,685,812 | -€55,025 | -3.2% |
| Plant, machinery and equipment | 23 | €3,836 | €3,391 | -€445 | -11.6% |
| Current assets | 29/58 | €58,364 | €44,482 | -€13,881 | -23.8% |
| Amounts receivable within one year | 40/41 | - | €20,150 | +€20,150 | |
| Other amounts receivable | 41 | - | €20,150 | +€20,150 | |
| Cash at bank and in hand | 54/58 | €58,364 | €24,332 | -€34,031 | -58.3% |
| Total equity and liabilities | 10/49 | €1,803,036 | €1,733,685 | -€69,351 | -3.8% |
| Equity | 10/15 | €1,358,134 | €1,357,139 | -€995 | -0.1% |
| Contributions | 10/11 | €2,105,000 | €2,105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€746,866 | -€747,861 | -€995 | -0.1% |
| Amounts payable | 17/49 | €444,903 | €376,546 | -€68,357 | -15.4% |
| Amounts payable after more than one year | 17 | €163,060 | €140,000 | -€23,060 | -14.1% |
| Financial debts | 170/4 | €23,060 | €0 | -€23,060 | -100.0% |
| Other amounts payable | 178/9 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €269,874 | €223,100 | -€46,773 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €26,458 | €23,060 | -€3,398 | -12.8% |
| Trade debts | 44 | €1,049 | €968 | -€81 | -7.7% |
| Suppliers | 440/4 | €1,049 | €968 | -€81 | -7.7% |
| Taxes, remuneration and social security | 45 | - | €5,762 | +€5,762 | |
| Taxes | 450/3 | - | €5,762 | +€5,762 | |
| Other amounts payable | 47/48 | €242,367 | €193,310 | -€49,057 | -20.2% |
| Accrued charges and deferred income | 492/3 | €11,969 | €13,446 | +€1,477 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,875 | €67,122 | -€752 | -1.1% |
| Other operating charges | 640/8 | €3,009 | €3,200 | +€190 | +6.3% |
| Gross operating margin | 9900 | €79,924 | €82,427 | +€2,503 | +3.1% |
| Operating profit (loss) | 9901 | €9,040 | €12,105 | +€3,065 | +33.9% |
| Financial charges | 65/66B | €11,140 | €13,099 | +€1,959 | +17.6% |
| Recurring financial charges | 65 | €11,140 | €13,099 | +€1,959 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,100 | -€995 | +€1,106 | +52.6% |
| Profit (loss) for the period | 9904 | -€2,100 | -€995 | +€1,106 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,100 | -€995 | +€1,106 | +52.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.